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LivingTrust Mortgage Bank (NSA:LIVINGTRUST) Net Margin % : 38.30% (As of Mar. 2024)


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What is LivingTrust Mortgage Bank Net Margin %?

Net margin is calculated as Net Income divided by its Revenue. LivingTrust Mortgage Bank's Net Income for the three months ended in Mar. 2024 was ₦230 Mil. LivingTrust Mortgage Bank's Revenue for the three months ended in Mar. 2024 was ₦602 Mil. Therefore, LivingTrust Mortgage Bank's net margin for the quarter that ended in Mar. 2024 was 38.30%.

The historical rank and industry rank for LivingTrust Mortgage Bank's Net Margin % or its related term are showing as below:

NSA:LIVINGTRUST' s Net Margin % Range Over the Past 10 Years
Min: 14.24   Med: 27.89   Max: 40.21
Current: 27.21


NSA:LIVINGTRUST's Net Margin % is ranked better than
56.99% of 1460 companies
in the Banks industry
Industry Median: 25.13 vs NSA:LIVINGTRUST: 27.21

LivingTrust Mortgage Bank Net Margin % Historical Data

The historical data trend for LivingTrust Mortgage Bank's Net Margin % can be seen below:

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.

* Premium members only.

LivingTrust Mortgage Bank Net Margin % Chart

LivingTrust Mortgage Bank Annual Data
Trend Dec17 Dec18 Dec19 Dec20 Dec21 Dec22 Dec23
Net Margin %
Get a 7-Day Free Trial 14.24 22.06 36.32 40.21 27.89

LivingTrust Mortgage Bank Quarterly Data
Dec17 Dec18 Dec19 Jun20 Sep20 Dec20 Mar21 Jun21 Sep21 Dec21 Mar22 Jun22 Sep22 Dec22 Mar23 Jun23 Sep23 Dec23 Mar24
Net Margin % Get a 7-Day Free Trial Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only Premium Member Only 45.27 36.05 33.61 6.96 38.30

Competitive Comparison of LivingTrust Mortgage Bank's Net Margin %

For the Mortgage Finance subindustry, LivingTrust Mortgage Bank's Net Margin %, along with its competitors' market caps and Net Margin % data, can be viewed below:

* Competitive companies are chosen from companies within the same industry, with headquarter located in same country, with closest market capitalization; x-axis shows the market cap, and y-axis shows the term value; the bigger the dot, the larger the market cap. Note that "N/A" values will not show up in the chart.


LivingTrust Mortgage Bank's Net Margin % Distribution in the Banks Industry

For the Banks industry and Financial Services sector, LivingTrust Mortgage Bank's Net Margin % distribution charts can be found below:

* The bar in red indicates where LivingTrust Mortgage Bank's Net Margin % falls into.



LivingTrust Mortgage Bank Net Margin % Calculation

Net margin - also known as net profit margin is the ratio of Net Income divided by net sales or Revenue, usually presented in percent.

LivingTrust Mortgage Bank's Net Margin for the fiscal year that ended in Dec. 2023 is calculated as

Net Margin=Net Income (A: Dec. 2023 )/Revenue (A: Dec. 2023 )
=568.274/2037.6
=27.89 %

LivingTrust Mortgage Bank's Net Margin for the quarter that ended in Mar. 2024 is calculated as

Net Margin=Net Income (Q: Mar. 2024 )/Revenue (Q: Mar. 2024 )
=230.475/601.748
=38.30 %

* For Operating Data section: All numbers are indicated by the unit behind each term and all currency related amount are in USD.
* For other sections: All numbers are in millions except for per share data, ratio, and percentage. All currency related amount are indicated in the company's associated stock exchange currency.


LivingTrust Mortgage Bank  (NSA:LIVINGTRUST) Net Margin % Explanation

Although Net Income and Earnings-per-Share (EPS) are the most widely used parameter in measuring a company's profitability and valuation, it is the least reliable. The reason is that reported earnings can be manipulated easily by adjusting any numbers such as Depreciation, Depletion and Amotorization and non-recurring items.

But the long term trend of the net margin is a good indicator of the competitiveness and health of the business.


LivingTrust Mortgage Bank Net Margin % Related Terms

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LivingTrust Mortgage Bank (NSA:LIVINGTRUST) Business Description

Traded in Other Exchanges
N/A
Address
Gbongan Road, Km 2, Osun State, Osogbo, NGA, 4488
LivingTrust Mortgage Bank PLC is a primary mortgage institution that is regulated by the Other Financial Institutions Department of the Central Bank of Nigeria. The company provides Mortgage Financing, Real Estate Construction Financing and General Financial Services. The Bank's operations are in Osun State only and operates in just one geographical segment. The Bank is also engaged in one line of business which is Mortgage Banking, all its results are mortgage related.

LivingTrust Mortgage Bank (NSA:LIVINGTRUST) Headlines

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